Look For Institutional Buying In Flywire Corp (NASDAQ: FLYW)

Flywire Corp (FLYW) concluded trading on Wednesday at a closing price of $11.05, with 25.42 million shares of worth about $280.89 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.14% during that period and on Wednesday the price saw a loss of about -37.36%. Currently the company’s common shares owned by public are about 120.70M shares, out of which, 117.59M shares are available for trading.

Stock saw a price change of -41.87% in past 5 days and over the past one month there was a price change of -41.19%. Year-to-date (YTD), FLYW shares are showing a performance of -46.41% which decreased to -52.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.19 but also hit the highest price of $31.54 during that period. The average intraday trading volume for Flywire Corp shares is 1.38 million. The stock is currently trading -41.98% below its 20-day simple moving average (SMA20), while that difference is down -43.29% for SMA50 and it goes to -39.74% lower than SMA200.

Flywire Corp (NASDAQ: FLYW) currently have 120.70M outstanding shares and institutions hold larger chunk of about 95.36% of that.

The stock has a current market capitalization of $1.37B and its 3Y-monthly beta is at 1.10. PE ratio of stock for trailing 12 months is 960.87, while it has posted earnings per share of $0.01 in the same period. Its PEG reads 6.05 and has Quick Ratio of 2.33 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLYW, volatility over the week remained 10.67% while standing at 5.81% over the month.

Stock’s fiscal year EPS is expected to rise by 884.04% while it is estimated to increase by 95.69% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on February 26, 2025 offering a Neutral rating for the stock and assigned a target price range of between $25 and $15 to it. Coverage by Stephens stated Flywire Corp (FLYW) stock as an Equal-weight in their note to investors on February 26, 2025, suggesting a price target of $15 for the stock. On February 26, 2025, Raymond James Downgrade their recommendations, while on February 26, 2025, Goldman Downgrade their ratings for the stock with a price target of $15. Stock get a Hold rating from Deutsche Bank on February 26, 2025.

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